First off, apologies — today’s session is a little shorter than usual due to some internet issues. But I still had a chance to go over a few tickers and overall market commentary, so be sure to check it out!
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During yesterday’s Pre-Market Prep session, I was mainly in wait-and-see mode in advance of the afternoon’s Federal Open Markets Committee (FOMC) minutes.
Happily, the stock market seems to have responded well — it was a killer afternoon. A lot of real stocks bounced...
Here’s what’s going on today…
NFTs (non-fungible tokens) are quickly becoming the hot sector of the moment. Takung Art Co., Ltd. (NYSEAMERICAN: TKAT) is loosely related to the sector. It was my top watch in the SteadyTrade Team webinar yesterday evening. This morning it started a little shaky, but then it broke yesterday’s highs just before the Pre-Market Prep session.
Be sure to pull up TKAT’s chart to see its hot action!
I talk about two specific ways to play hot-sector, high-volume stocks like this. Plus, I explain why I’ll be watching for VWAP-hugging action in the morning and how to potentially approach this trending ticker as an all-day play...
American Resources Corp. (NASDAQ: AREC) is the perfect illustration of a company that knows how to play the penny stock game.
It failed to dip and rip yesterday after a chat pump killed it. But today, AREC’s back with news. The PR dropped at 8 a.m. Eastern. It failed to launch yesterday, but could today be the day? Find out what I’d like to see...
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